MySale Group PLC Cancellation of Listing (1400F)
03 Novembre 2022 - 8:00AM
UK Regulatory
TIDMMYSL
RNS Number : 1400F
MySale Group PLC
03 November 2022
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF THAT JURISDICTION.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 (MAR) as it forms part
of UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ("MAR").
FOR IMMEDIATE RELEASE
3 November 2022
MYSALE Group plc
(the "Company", "MySale" or the "Group")
Mandatory Cash Offer Closed and Cancellation of Listing
The Board notes the announcement made on 2 November 2022 by
Frasers Group plc (Frasers) stating that it owns or has received
valid acceptances of the Mandatory Offer in respect of a total of
991,598,628 MySale Shares, representing approximately 95.35 per
cent of MySale's existing issued share capital.
The mandatory cash offer for the entire issued and to be issued
share capital of MySale closed at 1.00 p.m. on 1 November 2022 and
is no longer capable of being accepted by MySale shareholders.
Cancellation of Listing
Following a request by Frasers, MySale has made an application
for the cancellation of admission of its ordinary shares to trading
on AIM ("Cancellation"). It is expected that such Cancellation will
take effect on 1 December 2022, being 20 business days from the
date of this announcement. Admission of MySale's ordinary shares to
trading on AIM will be cancelled without the requirement for a
resolution of shareholders approving such Cancellation, pursuant to
Rule 41 of the AIM Rules.
Enquiries :
MySale Group plc
Kalman Polak, Chief Executive Officer +61 (0) 403 810 762
Singer Capital Markets (Rule 3 Financial Adviser, Nominated Adviser and Broker) +44 (0) 20 7496 3000
Mark Taylor
Justin McKeegan
Oliver Platts
MHP Communications (Financial PR Adviser) +44 (0) 20 3128 8570
Simon Hockridge Mysale@mhpc.com
Pete Lambie
About MYSALE
MYSALE is an online off-price, retail platform offering a large,
curated selection of branded fashion, beauty and homewares products
through three core websites and associated mobile applications,
including OZSALE.com.au, NZSALE.co.nz and SINGSALE.com.sg MYSALE
provides a discovery-based online shopping experience for its
customers. New sales events are offered daily with a curated
selection of branded products at discounted prices, typically in
limited quantities and for limited time periods, to seek to create
excitement for customers. MYSALE's suppliers are offered a suite of
inventory solutions to fulfil their demand for inventory management
and increase customer awareness of their brands and products.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCEAPFAESLAFFA
(END) Dow Jones Newswires
November 03, 2022 03:00 ET (07:00 GMT)
Mysale (LSE:MYSL)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Mysale (LSE:MYSL)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024